🧭 Fact Post #1: Your Vote Decides How $3 Million Is Spent

FACT: The board controls every major financial decision – from reserve fund spending to legal retainers.
If the same people keep re-electing themselves, your money keeps vanishing into the same sinkholes.
WHY RUN: You don’t need to be a lawyer or engineer – just a responsible owner who asks questions like “Where’s the invoice?” or “Was this tendered competitively?”
BOTTOM LINE: Good governance doesn’t require secrets – it requires oversight.


💼 Fact Post #2: Condo Directors Are Fiduciaries – Not Monarchs

FACT: Directors are legally bound to act honestly, in good faith, and in the best interests of the corporation.
Ignoring owner input, retaliating against dissent, or hiding financial data breaches that duty.
WHY RUN: Because silence equals consent. If honest owners don’t step up, those who enjoy control for its own sake will.
BOTTOM LINE: Integrity on the board isn’t optional – it’s a legal obligation.


📊 Fact Post #3: Professional Skills Matter

FACT: Condo corporations manage budgets larger than many small businesses. Yet many boards lack anyone with finance, project management, or procurement experience.
WHY RUN: If you balance a budget, lead teams, or read a contract – you’re already more qualified than most.
BOTTOM LINE: Competence saves everyone money. A single skilled director can stop waste before it happens.


🏘️ Fact Post #4: Diversity Protects Democracy

FACT: Homogeneous boards lead to groupthink – same people, same mistakes, same excuses.
WHY RUN: Our community includes professionals, new Canadians, retirees, parents, and tenants. We need representation that reflects that reality.
BOTTOM LINE: A board that mirrors the community governs better.


🧾 Fact Post #5: Transparency Isn’t Optional

FACT: Section 55 of the Condominium Act gives owners the right to see most records – financial statements, minutes, and contracts.
Boards that resist disclosure are usually hiding bad decisions, not protecting privacy.
WHY RUN: Transparency prevents corruption and abuse.
BOTTOM LINE: If you have nothing to hide, you have nothing to fear.


⚖️ Fact Post #6: Accountability Begins With You

FACT: The most common reason bad boards stay in power is apathy.
WHY RUN: Every owner who complains but doesn’t vote or run is handing power to those who will misuse it.
BOTTOM LINE: Democracy in condos isn’t automatic – it’s earned, one ballot at a time.


🏗️ Fact Post #7: The Cost of Inaction

FACT: Special assessments, legal fees, and mismanaged repairs are symptoms of poor governance – not bad luck.
WHY RUN: Because when the wrong people make million-dollar decisions, everyone pays the price.
BOTTOM LINE: Doing nothing costs more than getting involved.


Discover more from Condo Chronicles

Subscribe to get the latest posts sent to your email.

Discover more from Condo Chronicles

Subscribe now to keep reading and get access to the full archive.

Continue reading